Redcastle Resources (ASX:RC1) agreed to acquire prospecting license application P 39/6315 to increase its landholding in the Redcastle-Queen Alexandra gold corridor in Western Australia, according to a Thursday filing with the Australian Securities Exchange.
The acquisition involves a cash payment of AU$30,000, a 2% gross revenue royalty on all minerals, products, and concentrates produced and sold from the tenement, and a detection agreement for the initial permit term, the filing said.
The purchase is contingent on the granting of the tenement's prospecting license application, according to the filing.
Shares rose 25% in midday trade.
Price (AUD): $0.01, Change: $+0.0020, Percent Change: +25.00%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。